To: All Persons or Entities who purchased Puget Sound Bancorp, Inc. (“Puget
Sound” or the "Company") (OTC:PUGB) stock prior
to July 26, 2017.

You are hereby notified that Levi & Korsinsky, LLP has commenced
an investigation into the fairness of the sale
of Puget Sound to Heritage Financial Corporation (NASDAQ:HFWA) for
1.320 Heritage shares for each Puget Sound share. Based on the closing
price of Heritage stock on July 26, 2017, this represents a value of
approximately $35.84 per share. To learn more about the action and your
rights, go to:

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or
by telephone at (212) 363-7500, toll-free: (877) 363-5972. There
is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York,
Connecticut, California, and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities lawsuits and have recovered hundreds of millions of
dollars for aggrieved shareholders. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.